Sunday, May 4th, 2008
Employee Health Insurance is No Longer Enough
More people these days are living without any health insurance because of the downturning of the economy. However, those that do have it are saying that they have limited coverage and can no longer afford to pay their share of medical costs.
158 million people covered by employer health insurance programs are paying higher medical expenses due to various combinations of factors like higher premiums, less extensive coverages, and larger out-of-pocket deductibles and co-payments.
An employee’s average cost of annual health care has doubled since 2001. A survey is stating that only 7 percent said they are prepared financially for any future health problems or requirements.
Source
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